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BackTrump pauses Russian sanctions package after striking diesel deal with Putin
Trump pauses Russian sanctions package after striking diesel deal with Putin
BREAKING
SCMP Economy43 minutes agoWorld1 min readChina

Trump pauses Russian sanctions package after striking diesel deal with Putin

Quick Look

  • US President Donald Trump signed an executive order pausing a sweeping sanctions package targeting the Russian economy, named after late Senator Lindsey Graham, which aimed to clamp down on financial resources fuelling the war in Ukraine.
  • The move follows Trump's recent statement about purchasing diesel from Russia to lower global energy prices.

AI-generated summary

Why It Matters

The sanctions package, named after late Senator Lindsey Graham, aimed to restrict financial flows supporting Russia's war in Ukraine. Trump had previously stated the US agreed to purchase diesel from Russia to lower global energy prices.

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Named after late senator Lindsey Graham, the measure had sought to clamp down on the flow of financial resources fuelling the Ukraine war

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Published: 10:26am, 17 Oct 2026

US President Donald Trump on Friday signed an executive order that puts on hold a sweeping new sanctions package targeting the Russian economy, telling Congress the pause was in the national interest.

Named after late South Carolina senator Lindsey Graham, the measure had sought to clamp down more quickly on the flow of financial resources fuelling the war against Ukraine.

The move comes a week after Trump stunningly said the US had agreed to purchase diesel from Russia to try to bring down global energy prices, despite that potentially hurting Ukraine in the war, now into its fifth year.

What to Watch

AI outlook — possibilities, not facts

  • Congress will review and potentially override the executive order on sanctions

    Possible · Within weeks

  • The pause on sanctions will be temporary and subject to future reinstatement

    Likely · Within months

Open Questions

  • How long will the pause on the sanctions package last?
  • What specific conditions must be met for the sanctions to resume?
  • How will the diesel purchase from Russia affect Ukraine's war effort?
  • What is Congress's response to the executive order?

Related Topics

This article was originally published by SCMP Economy.

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